Frequently Asked Questions
Here are our most commonly asked questions
How much does your service cost?
The majority of services are free. We start with a 30 mins conversation to find out how your company can benefit from the services offered by Growth In Business. From that we produce a 'Benefits Assessment', should you which to proceed with our recommendations, any costs associated will be clearly identified.
Do we need to sign a contract with Growth In Business for a period of time?
No - we don't believe in locking out our competitors, all we ask is that you use our services in a responsible manner and do not use us to leverage against your current supplier(s)
Can I be an Introducer to Growth In Business?
Absolutely Yes - We offer introducer agreements and are happy for you to introduce one or if not all of our services. We offer introducer commissions which can significantly increase your income? Just contact us to find out more.
What Grants are available for my business?
What can Business Grants be used for?
Business Grants can be used to help fund a variety of projects such as, purchasing capital equipment, premises repairs, lowering carbon footprint, new product development, Innovation, and much more.
What is a Business Grant?
A grant is a sum of money awarded to your business from the government that you don't have to pay back. It's awarded to your business to assist in its development, often for a specific purpose.
How do Business Grants Work?
Basically, you first need to find a Business Grant that is suitable for your project, reading the eligibility criteria carefully first. Then you need to apply for the grant and have your application accepted. Finally, you can start your project.
When are Business Grants Available?
Business Grants come and go depending on a number of factors, for example, have the allocated funds run out of money? One way to keep track of what Grants are available is to subscribe to newsletters from relevant providers.
What are R&D Tax Credits?
Research and Development Tax Credits are a tax incentive designed to encourage companies to invest in R&D. Companies can reduce their tax bill or claim payable cash credits as a proportion of their R&D expenditure.
When were R&D Tax Credits Introduced?
The R&D Tax Credit scheme was introduced in 2000 for small and medium enterprises (SMEs), with a separate scheme for large companies launched in 2002
What Defines an SME?
The UK definition of SME is generally a small or medium-sized enterprise with fewer than 250 employees. While the SME meaning defined by the EU is also business with fewer than 250 employees, and a turnover of less than €50 million, or a balance sheet total of less than €43 million